Stuart Varney used this graphic today. (I cellphone snapped a photo of the screen to produce the image below). It compares two presidents, Reagan and Obama, both of whom inherited recessions and high unemployment. The blue line indicates unemployment rates under Reagan’s presidency and the red line under Obama’s.
Varney was clear that the difference between the two is that Reagan focussed on private sector revitalization and Obama has been focussed on public sector stimulus.
Very interesting. (click image to view larger version)
